Elon Musk stated late Tuesday he’ll resign as chief government of Twitter — finally.
In a tongue-in-cheek tweet, Musk, who purchased Twitter for $44 billion in October, stated: “I’ll resign as CEO as quickly as I discover somebody silly sufficient to take the job! After that, I’ll simply run the software program & servers groups.”
Musk posted a Twitter ballot on Sunday asking customers if he ought to step down. About 17.5 million Twitter customers voted, with 57.5% saying Musk ought to resign. On Monday, he indicated that polls coping with firm coverage ought to solely be open to paying Twitter Blue subscribers, moderately than the final person base.
In a November court docket listening to, Musk stated he hoped to discover a everlasting successor as CEO “over time,” however he stated Sunday that there was presently “no successor” and that “The query shouldn’t be discovering a CEO, the query is discovering a CEO who can preserve Twitter alive.”
His tenure at Twitter has been chaotic, with greater than half of the workers eradicated and bulletins — usually later rescinded — of main coverage modifications with no advance discover, drawing sharp criticism that his decision-making has been capricious and arbitrary.
The chaos has spread to his other major company, Tesla Inc.
TSLA,
which slumped even additional Tuesday. The inventory is on tempo for its worst month, quarter and yr ever, and a few shareholders have referred to as for Musk to step down as Tesla CEO, saying his deal with Twitter is hurting the electric-vehicle maker.
